401k Plan data: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN plan

C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN
Plan identification number	002

C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation). Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

C-LIFE GROUP, LTD. has sponsored the creation of one or more 401k plans.

Company Name: C-LIFE GROUP, LTD.

Employer identification number (EIN): 133668004

NAIC Classification: 423990
NAIC Description: Other Miscellaneous Durable Goods Merchant Wholesalers

Additional information about C-LIFE GROUP, LTD.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1992-05-27

Company Identification Number: 1639273

Legal Registered Office Address: 7 Almike Dr
SUITE 600
CENTEREACH
United States of America (USA)
11720

More information about C-LIFE GROUP, LTD.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 SAUL HAZAN 2023-10-02 SAUL HAZAN 2023-10-02
002 2021-01-01 SAUL HAZAN 2022-10-06 SAUL HAZAN 2022-10-06
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 SAUL HAZAN SAUL HAZAN 2018-09-26
002 2016-01-01 SAUL HAZAN SAUL HAZAN 2017-09-26
002 2015-01-01 SAUL HAZAN 2016-09-19 SAUL HAZAN 2016-09-19
002 2014-01-01 SAUL HAZAN 2015-10-12 SAUL HAZAN 2015-10-12
002 2013-01-01 SAUL HAZAN 2014-10-13 SAUL HAZAN 2014-10-13
002 2012-01-01 SAUL HAZAN 2013-10-14 SAUL HAZAN 2013-10-14
002 2011-01-01 SAUL HAZAN 2012-10-11 SAUL HAZAN 2012-10-11
002 2010-01-01 SAUL HAZAN 2011-10-10 SAUL HAZAN 2011-10-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	SAUL HAZAN	2023-10-02	SAUL HAZAN	2023-10-02
002	2021-01-01	SAUL HAZAN	2022-10-06	SAUL HAZAN	2022-10-06
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01	SAUL HAZAN		SAUL HAZAN	2018-09-26
002	2016-01-01	SAUL HAZAN		SAUL HAZAN	2017-09-26
002	2015-01-01	SAUL HAZAN	2016-09-19	SAUL HAZAN	2016-09-19
002	2014-01-01	SAUL HAZAN	2015-10-12	SAUL HAZAN	2015-10-12
002	2013-01-01	SAUL HAZAN	2014-10-13	SAUL HAZAN	2014-10-13
002	2012-01-01	SAUL HAZAN	2013-10-14	SAUL HAZAN	2013-10-14
002	2011-01-01	SAUL HAZAN	2012-10-11	SAUL HAZAN	2012-10-11
002	2010-01-01	SAUL HAZAN	2011-10-10	SAUL HAZAN	2011-10-10

Plan Statistics for C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN

401k plan membership statisitcs for C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN

Measure Date Value
2022: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 7,616,248
Acturial value of plan assets 2022-12-31 7,616,248
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 41
Fundng target for terminated vested participants 2022-12-31 419,742
Active participant vested funding target 2022-12-31 6,865,851
Number of active participants 2022-12-31 10
Total funding liabilities for active participants 2022-12-31 6,885,593
Total participant count 2022-12-31 51
Total funding target for all participants 2022-12-31 7,305,335
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 1,661,610
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 1,661,610
Present value of excess contributions 2022-12-31 288,792
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 288,792
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 288,792
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 320,701
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 1,820,786
Total employer contributions 2022-12-31 300,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 289,217
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 1,609,834
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 148,767
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 148,767
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 289,217
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 8,449,687
Acturial value of plan assets 2021-12-31 8,449,687
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 39
Fundng target for terminated vested participants 2021-12-31 286,099
Active participant vested funding target 2021-12-31 6,173,299
Number of active participants 2021-12-31 12
Total funding liabilities for active participants 2021-12-31 6,197,060
Total participant count 2021-12-31 51
Total funding target for all participants 2021-12-31 6,483,159
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 1,466,606
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 244,629
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 1,221,977
Present value of excess contributions 2021-12-31 288,963
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 288,963
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 288,963
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 1,661,610
Total employer contributions 2021-12-31 300,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 288,792
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 91,039
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 288,792
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 7,377,769
Acturial value of plan assets 2020-12-31 7,377,769
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 37
Fundng target for terminated vested participants 2020-12-31 208,158
Active participant vested funding target 2020-12-31 6,170,506
Number of active participants 2020-12-31 14
Total funding liabilities for active participants 2020-12-31 6,188,872
Total participant count 2020-12-31 51
Total funding target for all participants 2020-12-31 6,397,030
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 1,256,451
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 218,144
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 1,038,307
Present value of excess contributions 2020-12-31 294,254
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 294,254
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 294,254
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 1,466,606
Total employer contributions 2020-12-31 300,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 288,963
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 88,339
Net shortfall amortization installment of oustanding balance 2020-12-31 566,384
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 258,059
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 258,059
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 288,963
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 52
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 14
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 37
Total of all active and inactive participants 2020-01-01 51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 6,443,827
Acturial value of plan assets 2019-12-31 6,443,827
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 36
Fundng target for terminated vested participants 2019-12-31 200,185
Active participant vested funding target 2019-12-31 5,482,831
Number of active participants 2019-12-31 16
Total funding liabilities for active participants 2019-12-31 5,490,993
Total participant count 2019-12-31 52
Total funding target for all participants 2019-12-31 5,691,178
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 1,483,320
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 442,959
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 1,040,361
Present value of excess contributions 2019-12-31 289,019
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 289,019
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 289,019
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 1,256,451
Total employer contributions 2019-12-31 300,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 294,254
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 80,529
Net shortfall amortization installment of oustanding balance 2019-12-31 575,043
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 230,513
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 230,513
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 294,254
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
Total participants, beginning-of-year 2019-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 16
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 36
Total of all active and inactive participants 2019-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 5,364,426
Acturial value of plan assets 2018-12-31 5,364,426
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 36
Fundng target for terminated vested participants 2018-12-31 198,158
Active participant vested funding target 2018-12-31 4,785,737
Number of active participants 2018-12-31 13
Total funding liabilities for active participants 2018-12-31 4,785,737
Total participant count 2018-12-31 49
Total funding target for all participants 2018-12-31 4,983,895
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 1,332,431
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 282,770
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 1,049,661
Present value of excess contributions 2018-12-31 288,281
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 288,281
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 288,281
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 1,483,320
Total employer contributions 2018-12-31 300,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 289,019
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 246,675
Net shortfall amortization installment of oustanding balance 2018-12-31 1,189,712
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 468,916
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 468,916
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 289,019
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
Total participants, beginning-of-year 2018-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 13
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 36
Total of all active and inactive participants 2018-01-01 49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 5,229,152
Acturial value of plan assets 2017-12-31 5,229,152
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 32
Fundng target for terminated vested participants 2017-12-31 131,558
Active participant vested funding target 2017-12-31 4,103,061
Number of active participants 2017-12-31 14
Total funding liabilities for active participants 2017-12-31 4,108,810
Total participant count 2017-12-31 46
Total funding target for all participants 2017-12-31 4,240,368
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 1,241,955
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 244,119
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 997,836
Present value of excess contributions 2017-12-31 287,597
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 287,597
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 287,597
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 1,332,431
Total employer contributions 2017-12-31 300,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 288,281
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 213,832
Net shortfall amortization installment of oustanding balance 2017-12-31 424,126
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 299,849
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 299,849
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 288,281
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
Total participants, beginning-of-year 2017-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 14
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 32
Total of all active and inactive participants 2017-01-01 46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 4,523,574
Acturial value of plan assets 2016-12-31 4,523,574
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 29
Fundng target for terminated vested participants 2016-12-31 108,872
Active participant vested funding target 2016-12-31 3,507,764
Number of active participants 2016-12-31 14
Total funding liabilities for active participants 2016-12-31 3,515,049
Total participant count 2016-12-31 43
Total funding target for all participants 2016-12-31 3,623,921
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 1,194,500
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 207,233
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 987,267
Present value of excess contributions 2016-12-31 287,465
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 287,465
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 287,465
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 1,241,955
Total employer contributions 2016-12-31 300,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 287,597
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 183,024
Net shortfall amortization installment of oustanding balance 2016-12-31 419,676
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 259,328
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 259,328
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 287,597
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 37
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 14
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 29
Total of all active and inactive participants 2016-01-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 4

Measure	Date	Value
2022: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	7,616,248
Acturial value of plan assets	2022-12-31	7,616,248
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	41
Fundng target for terminated vested participants	2022-12-31	419,742
Active participant vested funding target	2022-12-31	6,865,851
Number of active participants	2022-12-31	10
Total funding liabilities for active participants	2022-12-31	6,885,593
Total participant count	2022-12-31	51
Total funding target for all participants	2022-12-31	7,305,335
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	1,661,610
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	1,661,610
Present value of excess contributions	2022-12-31	288,792
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	288,792
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	288,792
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	320,701
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	1,820,786
Total employer contributions	2022-12-31	300,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	289,217
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	1,609,834
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	148,767
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	148,767
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	289,217
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	8,449,687
Acturial value of plan assets	2021-12-31	8,449,687
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	39
Fundng target for terminated vested participants	2021-12-31	286,099
Active participant vested funding target	2021-12-31	6,173,299
Number of active participants	2021-12-31	12
Total funding liabilities for active participants	2021-12-31	6,197,060
Total participant count	2021-12-31	51
Total funding target for all participants	2021-12-31	6,483,159
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	1,466,606
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	244,629
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	1,221,977
Present value of excess contributions	2021-12-31	288,963
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	288,963
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	288,963
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	1,661,610
Total employer contributions	2021-12-31	300,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	288,792
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	91,039
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	288,792
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	7,377,769
Acturial value of plan assets	2020-12-31	7,377,769
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	37
Fundng target for terminated vested participants	2020-12-31	208,158
Active participant vested funding target	2020-12-31	6,170,506
Number of active participants	2020-12-31	14
Total funding liabilities for active participants	2020-12-31	6,188,872
Total participant count	2020-12-31	51
Total funding target for all participants	2020-12-31	6,397,030
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	1,256,451
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	218,144
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	1,038,307
Present value of excess contributions	2020-12-31	294,254
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	294,254
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	294,254
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	1,466,606
Total employer contributions	2020-12-31	300,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	288,963
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	88,339
Net shortfall amortization installment of oustanding balance	2020-12-31	566,384
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	258,059
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	258,059
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	288,963
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	52
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	14
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	37
Total of all active and inactive participants	2020-01-01	51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	6,443,827
Acturial value of plan assets	2019-12-31	6,443,827
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	36
Fundng target for terminated vested participants	2019-12-31	200,185
Active participant vested funding target	2019-12-31	5,482,831
Number of active participants	2019-12-31	16
Total funding liabilities for active participants	2019-12-31	5,490,993
Total participant count	2019-12-31	52
Total funding target for all participants	2019-12-31	5,691,178
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	1,483,320
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	442,959
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	1,040,361
Present value of excess contributions	2019-12-31	289,019
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	289,019
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	289,019
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	1,256,451
Total employer contributions	2019-12-31	300,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	294,254
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	80,529
Net shortfall amortization installment of oustanding balance	2019-12-31	575,043
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	230,513
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	230,513
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	294,254
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
Total participants, beginning-of-year	2019-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	16
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	36
Total of all active and inactive participants	2019-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	5,364,426
Acturial value of plan assets	2018-12-31	5,364,426
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	36
Fundng target for terminated vested participants	2018-12-31	198,158
Active participant vested funding target	2018-12-31	4,785,737
Number of active participants	2018-12-31	13
Total funding liabilities for active participants	2018-12-31	4,785,737
Total participant count	2018-12-31	49
Total funding target for all participants	2018-12-31	4,983,895
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	1,332,431
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	282,770
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	1,049,661
Present value of excess contributions	2018-12-31	288,281
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	288,281
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	288,281
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	1,483,320
Total employer contributions	2018-12-31	300,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	289,019
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	246,675
Net shortfall amortization installment of oustanding balance	2018-12-31	1,189,712
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	468,916
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	468,916
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	289,019
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
Total participants, beginning-of-year	2018-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	13
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	36
Total of all active and inactive participants	2018-01-01	49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	5,229,152
Acturial value of plan assets	2017-12-31	5,229,152
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	32
Fundng target for terminated vested participants	2017-12-31	131,558
Active participant vested funding target	2017-12-31	4,103,061
Number of active participants	2017-12-31	14
Total funding liabilities for active participants	2017-12-31	4,108,810
Total participant count	2017-12-31	46
Total funding target for all participants	2017-12-31	4,240,368
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	1,241,955
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	244,119
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	997,836
Present value of excess contributions	2017-12-31	287,597
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	287,597
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	287,597
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	1,332,431
Total employer contributions	2017-12-31	300,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	288,281
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	213,832
Net shortfall amortization installment of oustanding balance	2017-12-31	424,126
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	299,849
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	299,849
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	288,281
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
Total participants, beginning-of-year	2017-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	14
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	32
Total of all active and inactive participants	2017-01-01	46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	4,523,574
Acturial value of plan assets	2016-12-31	4,523,574
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	29
Fundng target for terminated vested participants	2016-12-31	108,872
Active participant vested funding target	2016-12-31	3,507,764
Number of active participants	2016-12-31	14
Total funding liabilities for active participants	2016-12-31	3,515,049
Total participant count	2016-12-31	43
Total funding target for all participants	2016-12-31	3,623,921
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	1,194,500
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	207,233
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	987,267
Present value of excess contributions	2016-12-31	287,465
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	287,465
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	287,465
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	1,241,955
Total employer contributions	2016-12-31	300,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	287,597
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	183,024
Net shortfall amortization installment of oustanding balance	2016-12-31	419,676
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	259,328
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	259,328
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	287,597
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	37
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	14
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	29
Total of all active and inactive participants	2016-01-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	4

Financial Data on C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN

Measure	Date	Value
2020 : C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,111,912
Expenses. Total of all expenses incurred	2020-12-31	$177,970
Benefits paid (including direct rollovers)	2020-12-31	$126,233
Total plan assets at end of year	2020-12-31	$7,677,769
Total plan assets at beginning of year	2020-12-31	$6,743,827
Total contributions received or receivable from participants	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$811,912
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$933,942
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$7,677,769
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$6,743,827
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2020-12-31	$500,000
Total contributions received or receivable from employer(s)	2020-12-31	$300,000
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$51,737
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$670
Total income from all sources	2019-12-31	$1,223,895
Expenses. Total of all expenses incurred	2019-12-31	$144,494
Benefits paid (including direct rollovers)	2019-12-31	$100,566
Total plan assets at end of year	2019-12-31	$6,743,827
Total plan assets at beginning of year	2019-12-31	$5,665,096
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$0
Expenses. Other expenses not covered elsewhere	2019-12-31	$43,928
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$923,895
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$1,079,401
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$6,743,827
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$5,664,426
Assets. Value of assets in partnership/joint-venture interests	2019-12-31	$250,000
Total contributions received or receivable from employer(s)	2019-12-31	$300,000
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$670
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$97,727
Expenses. Total of all expenses incurred	2018-12-31	$112,453
Benefits paid (including direct rollovers)	2018-12-31	$68,469
Total plan assets at end of year	2018-12-31	$5,665,096
Total plan assets at beginning of year	2018-12-31	$5,679,152
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$0
Assets. Value of loans (other than to participants)	2018-12-31	$450,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$43,984
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-202,273
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-14,726
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$5,664,426
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$5,679,152
Total contributions received or receivable from employer(s)	2018-12-31	$300,000
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$940,761
Expenses. Total of all expenses incurred	2017-12-31	$85,183
Benefits paid (including direct rollovers)	2017-12-31	$49,870
Total plan assets at end of year	2017-12-31	$5,679,152
Total plan assets at beginning of year	2017-12-31	$4,823,574
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$0
Expenses. Other expenses not covered elsewhere	2017-12-31	$35,313
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$640,761
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$855,578
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$5,679,152
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$4,823,574
Assets. Value of assets in partnership/joint-venture interests	2017-12-31	$150,000
Total contributions received or receivable from employer(s)	2017-12-31	$300,000
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$570,223
Expenses. Total of all expenses incurred	2016-12-31	$97,623
Benefits paid (including direct rollovers)	2016-12-31	$65,121
Total plan assets at end of year	2016-12-31	$4,823,574
Total plan assets at beginning of year	2016-12-31	$4,350,974
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$0
Expenses. Other expenses not covered elsewhere	2016-12-31	$32,502
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$270,223
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$472,600
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,823,574
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$4,350,974
Assets. Value of assets in partnership/joint-venture interests	2016-12-31	$500,000
Total contributions received or receivable from employer(s)	2016-12-31	$300,000
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN

2020: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: C-LIFE GROUP, LTD. DEFINED BENEFIT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

AMERICAN EQUITY INVESTMENT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61689 )

Policy contract number

1738305

Policy instance

Insurance contract or identification number	1738305
Number of Individuals Covered	4
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $539
Total amount of fees paid to insurance company	USD $0
Commission paid to Insurance Broker	USD $539
Insurance broker organization code?	3

AMERICAN EQUITY INVESTMENT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61689 )

Policy contract number

1738305

Policy instance

Insurance contract or identification number	1738305
Number of Individuals Covered	4
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $378
Commission paid to Insurance Broker	USD $378
Insurance broker organization code?	3

AMERICAN EQUITY INVESTMENT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61689 )

Policy contract number

1738305

Policy instance

Insurance contract or identification number	1738305
Number of Individuals Covered	4
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $73
Total amount of fees paid to insurance company	USD $0
Commission paid to Insurance Broker	USD $73
Insurance broker organization code?	3

AMERICAN EQUITY INVESTMENT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61689 )

Policy contract number

1738305

Policy instance

Insurance contract or identification number	1738305
Number of Individuals Covered	4
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $997
Total amount of fees paid to insurance company	USD $0
Commission paid to Insurance Broker	USD $997
Insurance broker organization code?	3
Insurance broker name	JOEL BOYARSKY

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	C-LIFE GROUP, LTD.
Employer identification number (EIN):	133668004
NAIC Classification:	423990
NAIC Description:	Other Miscellaneous Durable Goods Merchant Wholesalers

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1992-05-27
Company Identification Number:	1639273
Legal Registered Office Address:	7 Almike Dr SUITE 600 CENTEREACH United States of America (USA) 11720